Indian Economy | DD News

July 23, 2025 3:08 PM

India to be third-largest economy by 2028: Morgan Stanley

India is expected to become the world’s third-largest economy by 2028 and more than double its GDP to $10.6 trillion by 2035, according to a Morgan Stanley report released on Wednesday. The report estimates that three to five Indian states — including Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh, and Karnataka — could each approach the $1 trillion mark, placing them among the top 20 global economies by 2035. “Based on the latest data, the top three states are Maharashtra, Gujarat, a...

July 17, 2025 4:06 PM

Future in motion: India’s new dawn, powered by a new generation

India’s growth story is a story of youthful ascent. The country’s demographic dividend is at the core of the fastest-growing major economy in the world. It is expected to play a significant role in India’s promising economic future, when the global economy is projected to slow down. The world’s most populous nation, India is also the youngest among the major economies, with a median age of around 28 years. A McKinsey assessment, published in July 2024, puts the median age of the populat...

July 4, 2025 10:23 AM

PM Modi hails Indian Diaspora for their role in shaping modern Trinidad &Tobago

Prime Minister Narendra Modi received a rousing welcome as he addressed a large gathering of the Indian diaspora in Trinidad and Tobago on Thursday during his historic visit to the Caribbean nation. The event, attended by over 4,000 people, featured a vibrant Indo-Trinidadian cultural programme and was graced by Trinidad and Tobago PM Kamla Persad-Bissessar, along with members of her Cabinet, Parliament, and other dignitaries. In a significant gesture, Prime Minister Persad-Bissessar announced ...

June 30, 2025 6:51 PM

Indian economy remains a key driver of global growth: RBI

Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth, underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, the Reserve Bank of India (RBI) said on Monday. The Reserve Bank, in the June 2025 issue of its 'Financial Stability Report (FSR)', said that elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. “Financial markets remain...

June 28, 2025 9:39 AM

Early months of FY26 indicate resilient economy, outlook remains positive: Centre

High-frequency indicators for the first two months of FY26 indicate resilient performance of the domestic economy amid the heightened geopolitical situation, Finance Ministry’s ‘Monthly Economic Review for May 2025’ said on Friday, adding that overall, the outlook for the Indian economy remains positive. The economy demonstrates resilience amid a turbulent global environment, supported by robust domestic demand, easing inflationary pressures, a resilient external sector, and a steady empl...

May 30, 2025 5:35 PM

India’s real GDP grows at 6.5% in FY 2024-25; Q4 sees strong 7.4% expansion

The National Statistics Office (NSO), under the Ministry of Statistics and Programme Implementation (MoSPI), has released the Provisional Estimates of Annual Gross Domestic Product (GDP) for the financial year 2024–25, along with the Quarterly Estimates for the January–March period (Q4) of the same year. India’s real GDP at constant (2011–12) prices is estimated to have grown by 6.5% in FY 2024–25, reaching ₹187.97 lakh crore, compared to ₹176.51 lakh crore in 2023–24. At curren...

May 29, 2025 3:28 PM

India’s real GDP growth projected at 6.5% in FY 2025-26: RBI

The Reserve Bank of India (RBI) has projected India’s real GDP growth at 6.5 per cent for the financial year 2025-26, with the outlook described as “evenly balanced” amid global uncertainties. In its annual report for 2024-25, released on Thursday, the central bank said India is poised to remain the fastest-growing major economy, riding on strong macroeconomic fundamentals, a resilient financial sector, and a continued policy push towards sustainable and inclusive growth. This outlook co...

May 22, 2025 10:15 AM

Indian economy shows resilience despite weak global growth: RBI

The global growth continues to face headwinds with persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment weighing on the outlook. Despite this, the Indian economy is exhibiting resilience even after high trade and tariff-related concerns, the Reserve Bank of India (RBI) has said. Persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment continue to create headwinds for global growth. “Amidst these challenges, the Indian economy exh...

May 21, 2025 10:53 AM

India’s GDP growth in Q4 FY25 to remain robust around 6.4-6.5 pc: SBI report

Despite weathering effects precipitated by global upheavals, Indian economy stays largely resilient and is projected to clock a GDP growth around 6.4-6.5 per cent in Q4 FY25, an SBI report said on Wednesday. To estimate GDP statistically, the State Bank of India’s Economic Research Department has built a ‘Nowcasting Model’ with 36 high frequency indicators associated with industry activity, service activity, and global economy. The model uses the dynamic factor model to estimate the comm...

May 12, 2025 4:15 AM

Indian economy has potential to surpass China in near future: Jim Rogers

India is poised to become one of the most exciting investment destinations in the world and may even outperform China in the coming years, according to ace investor Jim Rogers. In an interaction with IANS, Rogers said, “I have been around the investment world for decades, and for the first time in my life, I see that the people in Delhi understand economics.” “India is rising again. I think the people in Delhi understand what needs to be done and are trying to do it. That would be wonder...